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Business execs seize on AI as top tool for decision-making
CFOs are more likely than executives in other functions to lean on AI as source of strategic input, according to a survey.
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Hub Group hands incoming CFO $1.3M stock award
Hub Group also increased the monthly fee for its interim CFO Todd Heeter to $175K from $125K and will offer Heeter a $1.2 million cash retention bonus.
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Trump calls AI safety concerns a ‘hoax’ as alarm grows
AI executives are calling for Washington to impose safeguards as the president argues the U.S. needs to stay ahead of China.
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Anaconda CFO’s IPO chops bring ‘optionality’
The AI-development company’s newly minted CFO Stewart Grierson said going public is just one path that companies can take as they evolve and grow.
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Manufacturing slows from four-year high as prices rise: NY Fed survey
Demand for manufactured goods, while “resilient for now,” will “likely wobble as output prices rise further,” Pantheon Macroeconomics Chief U.S. Economist Samuel Tombs said.
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How Prophix’s CEO approaches the ‘AI curious’ to ‘AI confident’ CFO
For CFOs who have been “burned” by spending money on AI, demonstrating proof of its value has become a prerequisite, Prophix’s Alok Ajmera said.
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Deep DiveAccountability, oversight and AI: Inside Microsoft’s security transformation
Stung by years of embarrassing hacks, the tech giant overhauled how it approached cybersecurity. Company leaders now say they’re seeing results.
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Lemonade CFO eyes self-driving car insurance, cross-selling growth
Founded in 2015, the New York-based insurance upstart is under financial pressure to meet profitability goals while also seeking to expand.
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Call for AI slowdown could affect enterprise adoption plans
Shifts in AI development can create uncertainty for executives planning adoption, highlighting needs for safety frameworks and contractual protections.
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CFOs brace for higher AI costs through 2027
Most finance chiefs expect AI costs to spike, putting increased pressure on efforts to track and manage spending on the technology, Deloitte found.
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Hub Group names new CFO: provides accounting error update
The company brought back its long-time CEO and appointed a CFO-elect as it continues efforts to restate three years of financials after identifying a $77 million error.
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DHS proposes end to 60-day H-1B grace period, calling it a ‘burden’
The move would leave some workers with no cushion period in which to depart the U.S.
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Core CPI exceeds forecasts, increasing odds of higher borrowing costs
A mix of economic data and federal policy decisions has strengthened the argument among Federal Reserve officials who favor raising the main interest rate.
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ADM’s ex-CFO gets SEC to produce over 307,000 documents in fraud case
The federal accounting fraud suit against the grain giant’s former CFO Vikram Luthar is inching along toward a March deadline for the discovery phase.
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How Vena Solutions’ CFO ‘sees through the noise’ in the AI age
Companies today need to ensure they’re not getting mired down in data, a responsibility that’s falling on the CFO’s shoulders, Vena’s Melissa Howatson said.
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Adobe leans into freemium AI strategy
The company is using free offerings to expand its user base, with the goal of converting those users into paid customers.
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Ex-CFO gets prison in $4.2M crack cocaine embezzlement scheme
New York prosecutors said the former CFO tapped company fuel cards to buy prepaid cards that he then exchanged for drugs.
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HSBC CFO Pam Kaur to step down
The first woman to serve as finance chief at Britain’s largest bank will leave before next year’s annual general meeting and will not stand for re-election to the lender’s board.
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Producer price index rises on energy price surge, lifts odds of Fed hike
The fresh inflation data prompted traders in interest rate futures to increase the probability that the Federal Reserve will push up the main rate next week.
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Finance teams still wary of giving AI control: PEX
Only 28% of finance teams said they were comfortable having AI decide routine finance decisions, PEX found in a survey.
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Lyft insider to take CFO seat amid robotaxi push
Michael Brous will look to build forward on CFO Erin Brewer’s “fantastic foundation” in assuming the rideshare’s top finance seat later this month, he said.
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FTC offers businesses new path to clarify rules
The program will let businesses raise questions about ambiguous or conflicting FTC rules, with the potential for responses published as agency guidance.
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SBA draws fire with plan to allow bigger firms to win federal contracts
Levels for eligibility will rise tenfold or more in professional services, information technology, engineering and other business categories, an attorney at Schwabe, Williamson & Wyatt said.
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CFO Alliance partner sees workload risks in AI-prompted questions
Casey Janick said he is concerned investors and boards are using AI rather than their own curiosity to develop questions about financial data.
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The Trade Desk cuts 15% of workforce
The layoffs come about two months after Hewlett Packard Enterprise alum Nate Olmstead took the digital ad company’s CFO seat.
